Slide 1: Corporate Presentation
Corporate Presentation PDAC March 6, 2016
Slide 2: Presentation Is Only a Service; Cautionary Note
PRESENTATION IS ONLY A SERVICE This presentation is not intended as a solicitation or offering of securities in any jurisdiction and the information contained herein in no way should be construed or interpreted as such. No securities commission or other regulatory authority in Canada or any other co
Slide 3: Near-term Goal: Transition from Mining Issuer to Investment Issuer
Near-term Goal for New Pacific is to transition from a mining issuer to an investment issuer Become Resources-Focused Investment Company • In light of the poor state of minerals exploration business, shareholders approved a change of business at the AGM in Nov. 2015. • Name to be changed to reflec
Slide 4: Share Structure, Major Shareholders, Financial Position
Share Structure NUX shares issued & outstanding: 66.9 million Options 2.5 million Fully diluted 69.4 million Major Shareholders Silvercorp Metals Inc. 16% Dr. Rui Feng 7.25% Financial Position Cash & short - term investments $24.4 million ($0.36 per share) No long - term debt As of December 31, 2015
Slide 5: Change of Business
Change of Business • Shareholders approved a change of business from a mining issuer to an investment issuer. • Investment objectives for the Company following the Change of Business are to seek investment opportunities, primarily in the natural resource, but may also include industrial, or technolo
Slide 6: Current Projects
Current Projects • RZY Project • Acquired 80% interest in the project in April 2013 • Early stage silver-lead-zinc project with nominal, but encouraging exploration work • 2013 exploration program completed 5,480 meters of surface diamond drilling on two mineralized zones, and grid soil surveying on
Slide 7: RZY Project
RZY Project • Early stage silver-lead- zinc project acquired from Silvercorp Metals Inc. in April 2013 for US$3.5 million • Located in Qinghai Province – 237km from Yushu via paved and gravel roads • Situated on a high- plateau, 5,000m above sea level 7
Slide 8: RZY Project – Regional Geology
RZY Project – Regional Geology • Prolific Metallogeny Belt >1,000Km controlled by paleo- Tethys tectonic belt 8
Slide 9: RZY Project – Historical Exploration
RZY Project – Historical Exploration Sample # Location Ag (g/t) Pb (%) Zn (%) Description E95.35148 ZDTC1-1 N33.26569 327 5.28 1.33 grab sample, disseminated sulphides E95.35148 ― ― ― ZDTC1-1 N33.26569 grab sample, wallrock RZY001 TC1 836 17.18 15.33 grab sample, disseminated sulphides RZY002 QJ2 10
Slide 10: RZY Project – Exploration 2011-2012
RZY Project – Exploration 2011-2012 • In 2011 Silvercorp conducted surface geology mapping and an induced polarization (“IP”) geophysical survey program. The IP survey commenced along the western portion of the 6.5 kilometre long mineralized zone and was completed in 2012. • In 2012, seven trenches
Slide 11: RZY Project – Mineralized Zones
RZY Project – Mineralized Zones ZK2402 ZK1602 ZK1601 ZK003 ZK801 ZK002 ZK001 Looking East Mineralization featured by massive and disseminated sulphides in altered shear structure zones developed in Permian turbidite sediments 11
Slide 12: RZY Project – Mineralization
RZY Project – Mineralization TC1 - 836g/t Ag, 17.18%Pb, 15.33%Zn TC2 - 3,015g/t Ag, 17.64%Pb, 11.93%Zn • Mineralization style: Blocky galena-sphalerite-quartz veins in altered fracture zones of sandstone 12
Slide 13: RZY Project – Mineralization
RZY Project – Mineralization TC3- 101g/t Ag, 6.96% Pb, 2.14% Zn TC7 – 259.34g/t Ag, 5.91% Pb, 0.58% Zn • Mineralization style: Blocky galena-sphalerite-quartz veins in altered fracture zones of sandstone 13
Slide 14: RZY Project – 2013 Exploration Program
RZY Project – 2013 Exploration Program 5,450 metre surface diamond drilling in 20 holes at the Project focusing on the western portion of the known mineralized zone (Zone 1) and a new zone (Zone 2) The program also includes the completion of a surface grid soil survey at the sediment anomaly AS2
Slide 15: RZY 2013 Exploration Plan
New Pacific Metals Corp. TSX:NUX Fs e g e Fs g Fs rs 5 Mineralized Zone |S 3 S) S, iS S S S s6q000mN 8 8 8 8 8 8 8 8 3 R 2 8 8 8 8 2 Fe 8 S = 2 Ey Rg 8 g 8 8 ; = = = rm 8 8 & 8 8 Projected HM Mapped di 7 < i <3688000mN errs a % % x {r= — & \ ee) ) Z we esas \3686000mN GL at \ Ce \\\\" RZY EAST e I R
Slide 16: RZY 2013 Drill Plan
New Pacific Metals Corp. TSX:NUX mM 30: a rm rm = snerat B\ &A ——s \E & \ &\3\% Mineralized Zone 3 . 3 3 3) \ 8 3686000mN & 3 eet cant + , x = x x 8 Projected PhA\Y KG Hl Mapped - \ \ / _ Py ACE Yh iy \ vo H 4 ? 1 oy A an oF 3685500mN 3685500mN 3685000mN ali ho wag | 3684500mN \ 2K5102) '3684500mN,
Slide 17: RZY Exploration Program 2013 Results
RZY Exploration Program 2013 Results The drilling program at the Project intersected significant silver-lead-zinc-antimony-copper-tin mineralization in two mineralization zones: the known main mineralized structure zone (“Zone 1”) was discovered by historical exploration; and a new mineralized struc
Slide 18: Mineralized intervals of massive sulphides in hole ZK2402, Zone 1
Mineralized intervals of massive sulphides in hole ZK2402, Zone 1 7.87m @ 1,219 g/t Ag, 13.63% Pb, 11.86% Zn, 1.69% Sb, 0.38% Cu and 0.44% SnO2 from 27.33m to 35.20m 18
Slide 19: RZY Project – Section 24
New Pacific Metals Corp. TSX:NUX RZY Project — Section 24 a z Z z 7 a 7 —E & 3 & E 8 3 8 g 8 @ 8 8 s200mEL 35.30m@343g/t Ag, 4.13% Pb, 4.66% Zn, 0.60% Sb, 0.12% Cu and 0.14% SnO2 s200mL including 7.87M@1219g/t Ag, 13.63% Pb, 11.86% Zn, 1.69% Sb, 0.38% Cu and 0.44% SnO2 5100mEL 5100mEL 5000mEL 5000mE
Slide 20: RZY Project – Section 16
New Pacific Metals Corp. TSX:NUX RZY Project — Section 16 z rm z z z z Zz § Fa § 3 § 8 § 3 5 z 8 8 8 Fy 5200mEL 8 sg 8 z 3 Z, 3 5200mEL S100mEL i 3S ey 5100mEL. zK1601 g/t Au, 204g/t Ag, 1.53% Pb, 3.15% Zn and 5000mEL 5000mEL %p, 4900mEL 4900mEL. se 9p & 4800mEL 4800mEL. z y z z RS] z & : § & 8 & 3
Slide 21: RZY Project – Section 27
New Pacific Metals Corp. TSX:NUX RZY Project — Section 27 e z eg z 2 z 2 z 8 g 3 3 s 8 ge 5100mEL = bg oe bid 5100mEL 5000mEL 5000mEL 6.30M@0.29g/t Au, 27 1g/t Ag, 5.61% Pb, 3.10% 0.84% Sb, 0.10% Cu and 0.13% SnO2 4900mEL 4900mEL 4.55m@77g/t Ag, 1.23% Pb an % Zn | 5.65m@135g/t Ag, 1.63% Pb, 5.79% 0.
Slide 22: RZY Project – Section 11
New Pacific Metals Corp. TSX:NUX RZY Project — Section 11 z 7) z m = m z & 5 & & & 5 & 3 s 8 8 3 5 5 5000mEL a 5000mEL 90% Zn 4900mEL 4900mEL | 1.50m@0.31grt Au, 105g Ay 0.30 wily % Zn and 0.17% Sb 4 15 ve 14g Au, 264gh Ag, fer% P 4°98" bm@0.92g/t Au, 276g/t Ag; % Zn and 1.19% Sb aes 2.50m@0.92g/t A
Slide 23: Grid Soil Surveying Results 2013
Grid Soil Surveying Results 2013 23
Slide 24: Soil Survey Geochemical Maps
New Pacific Metals Corp. TSX:NUX WWW.NEWPACIFICMETALS.COM Hf “ H Hf es H H 2 “ H 3 * “8 : 2 a S S & = Wppm = “ zg 2 ss of | wal ‘ nos oso : . r : "i m <s00 - «1000 . ail : 5.00 to 10.00 us 10.00 to 50.00 10.0010 1500 = 50.00 to 100.00 = (5) 1800%02000 Me 15 100.00 to 200.00 . lmi200004000 1200.00 10
Slide 25: Tagish Lake Gold Property
Tagish Lake Gold Property Inuvik 136W Whitehorse 135W 134W • Total area of property: 254.8 Yu kon Riv km2 in 1,510 mineral claims, er Tagish Lake located ~80 km from A NORTHWEST ALASK TERRITORIES Gold Property Marsh Whitehorse, Yukon (a one- Lake Dawson hour drive) YUKON TERRITORY Tagish Lake Gold P
Slide 26: Progress since acquiring Tagish Lake
Progress since acquiring Tagish Lake: Permitting • Renewed Exploration Permit known as Mining Land Use Approval under Quartz Mining Act from the Yukon Government valid from Feb. 2012 - Feb. 2017 Successful Renewal of Claims with validity until 2017-2021 Drilling • 12,488 meters in 51 holes dri
Slide 27: Tagish Lake 2012 Updated NI 43-101 Resource
Tagish Lake 2012 Updated NI 43-101 Resource AuEQ oz Deposit Category Tonnes Au g/t Ag g/t oz Au oz Ag g/t AuEQ Indicated 1,086,800 5.54 159.0 8.72 193,700 5,547,600 304,600 Skukum Cr. Inferred 586,000 4.74 105.0 6.83 89,200 1,972,700 128,700 Indicated 329,700 8.13 86,210 86,210 Goddell Inferred 483,
Slide 28: Board of Directors
Board of Directors Dr. Rui Feng – CEO & Director A diversified background in mineral exploration in Canada and abroad, including extensive experience in exploration and development of high-grade underground mines, also Chairman & CEO of Silvercorp Metals Inc. (SVM: TSX/NYSE) The Honourable Jack Aust
Slide 29: Key Management
Key Management Rui Feng, Ph. D., Geology – Chief Executive Officer Dr. Feng has worked as both a geologist and an executive in the mineral resource industry for over 17 years and is the current CEO, Chairman and director of Silvercorp Metals Inc. He is an entrepreneur with an extensive track record
Slide 30: Contact us
Contact us Investor Relations Tel: 604-633-1368 Fax: 604-669-9387 E-mail: info@newpacificmetals.com 30